International students are often targeted by scams related to immigration. The immigration scams exploit the students’ by tricking study abroad aspirants with fraudulent documentation. Students may unknowingly pay tuition fees and become victims of visa fraud. They may claim connections or influence with immigration authorities but do not deliver on their promises once the money...
Month: <span>June 2023</span>
Receiving an acceptance letter from an overseas university is a thrilling experience, but preparing a packing list for your move can be daunting. Choose wisely and focus on practical items. If you’re an international student starting a program at a foreign university, you’ll need to prepare for your journey. Follow our study abroad checklist to...
What is a Forex card? A Forex Card is the easiest way to carry foreign currency and pay for expenses on your overseas trips. A Forex Card is an alternative to having cash or using credit/debit cards while traveling abroad. You can transfer money onto this card in your local currency, and it will be...
Unimoni India, formerly known as UAE Exchange, is a licensed NBFC and AD II category holder authorized by RBI to provide various financial services such as international remittance, domestic money transfer, foreign exchange, payment solutions, and more. With a network of over 300 branches and 15000+ agents in India, Unimoni caters to the needs of...
Synopsis Introduction of TDS on income from online gaming (Section 194BA) Non-residents earning income from mutual funds in India can provide a Tax Residency Certificate to avail of the benefit of TDS (Section 196A) The TDS rate is reduced to 20% from the maximum marginal rate on PF withdrawal for employees who do not have...
Synopsis Starting October 1, 2023, a new rule will increase the tax collection at source (TCS) for foreign remittances under LRS from 5% to 20%, excluding remittances for education and medical purposes. It applies to foreign trips, sending money abroad, and other remittances. Which transactions come under LRS? As per Rule 5 of the...
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